BlackBerry brings BBM mobile payments to Nigeria

BlackBerry brings BBM mobile payments to Nigeria

BlackBerry has set out plans to grab a slice of the African mobile money market, beginning with the launch of a feature in Nigeria that lets users send money to each other through the BBM messaging service.

Blackberry may be struggling to compete with Apple and Android in the west, but the Canadian phone maker claims to be seeing strong numbers in Africa, particularly for BBM, which has more than 22 million registered users on the continent sending some 380 million messages a day.

The firm is now setting its sights on the potentially huge mobile payments market, beginning with Nigeria, where it has partnered processor Interswitch to enable people to transfer money or airtime within BBM "as simply as they transfer photos or files," says Matthew Talbot, SVP, emerging solutions, in a blog.

In addition, First Bank of Nigeria's mobile wallet, Firstmonie, is being added as a BBM Shop payment option and a deal has been struck with local outfit Mobile Media Info Tech to bring secure transactions to the to the Shop.

Talbot says that payment developments are also in the pipeline in South Africa, adding "we’re quickly establishing BBM as a leading messaging platform for mobile payments".

Comments: (2)

Hitesh Thakkar
Hitesh Thakkar - SME - Fintech startups (APAC and Africa) - India 02 December, 2015, 13:38Be the first to give this comment the thumbs up 0 likes

Loyal BBM users sure to opt such mobile money transfer option as P2P payments but, real game play can start if FirstMonie wallet usage.

A Finextra member
A Finextra member 22 February, 2016, 20:31Be the first to give this comment the thumbs up 0 likes

This will undoubtedly add to the BBM portfolio of services for those still on the Blackberry platform.  Looking to see more active movement from Blackberry.